Elecosoft PLC Trading Update (4087Z)
May 26 2016 - 7:00AM
UK Regulatory
TIDMELCO
RNS Number : 4087Z
Elecosoft PLC
26 May 2016
26 May 2016
Elecosoft plc
("Elecosoft")
Trading Update
The Board of Elecosoft has pleasure in releasing a trading
update for the four months ended 30 April 2016.
Elecosoft continues to win significant new software contracts
both in the UK and international markets with new and existing
customers and is trading in line with market expectations.
Based on unaudited management accounts for the first four months
of 2016, turnover increased to GBP5.9m (2015: GBP5.4m restated) up
10 per cent on the same period last year.
Profit on trading for the first four months of 2016 was
GBP518,000 (2015: restated GBP449,000) up 15 per cent and after
accounting for a Director's termination payment of GBP109,000 in
the period, Profit Before Tax for the period was GBP409,000 (2015:
restated GBP449,000).
For further information please
contact:
Elecosoft plc www.elecosoft.com
John Ketteley, Executive Chairman Tel: 0207 422 0044
Jonathan Hunter, Group Marketing
finnCap Ltd
Adrian Hargrave / Kate Bannatyne Tel: 0207 220 0500
(Corporate Finance)
Malar Velaigam (Corporate Broking)
Redleaf Communications
Rebecca Sanders-Hewett / David Tel: 0207 382 4730
Ison elecosoft@redleafpr.com
/ Susie Hudson
About Elecosoft
Elecosoft is a specialist international provider of software and
related services to the construction, digital marketing, and timber
engineering industries and also to the architectural profession.
Its market leading software solutions are developed by development
teams in the UK, Sweden and Germany, and its programs include
software which enable users to comply with the latest BIM
requirements for project management, construction site management,
estimating, timber engineering, and 3D visual architectural design.
It also provides digital marketing solutions to the flooring and
interior design markets. Its products are sold directly or through
a network of approved resellers worldwide.
Elecosoft is listed on the AIM market (ELCO) and is
headquartered in Shoreditch, London, an acknowledged hub for
creative technology companies. For more information, please visit
www.elecosoft.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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